Big news for banks in Hong Kong and Macau! China is letting them offer more services on the mainland, like credit cards. This means more choices for people in China.
- Hong Kong and Macau banks can now issue credit and debit cards in China.
- This helps China and Hong Kong work together better on their money systems.
- Big banks like HSBC and Standard Chartered will get more customers.
| What's Happening | Details |
|---|---|
| New Rule | Hong Kong & Macau banks can issue cards in China starting March 1st |
| Who Benefits? | Hong Kong banks, customers in China |
| Why? | To improve financial ties between China, Hong Kong, and Macau. |
